I've used the 62 0842 (and have compared it to the 61 0842, which I used extensively for several years and still own. As far as I can tell the only difference between these models is the eye-cup design, and that early model 61 0842 lacked rainguard). They are certainly a very capable binocular, no doubt about that, but they aren't one of my favorites EXCEPT that they are outstanding for combination birding/butterflying owing to the close focus (mine focus down to just under 5 feet). Here is a long string of mostly gripes:
The extreme thumb groves/ridges design forces a limited range of holding positions, so try before you buy. I got used to using the very fast ratio focus, but I never grew to like it. They have an admirably flat field, but unfortunately, astigmatism outside the centerfield is higher than what I see in most other premium roofs, so the apparent sweet spot isn't especially large. The color rendition is also too orange/warm for my tastes. The newer models from Zeiss, Leica, and Swarovski that utilize dielectric mirror coatings are noticably brighter, but by itself I don't consider the difference very important. I'm especially careful with my optics so I haven't had troubles myself, but I know a number of other birders who used these and there is agreement that the coatings are more scratch prone than others. In direct comparison to newer generation binos, the image seems less contrasty--it is a bit lifeless and lacks snap; fine textural details are harder to make out for some reason, probably a combination of all the above. I realize the last comparison is very vaguely described, but every time I've compared my or my friends' Elite to a Swarovski 8.5x EL or Leica 8x42 Ultravid I've been immediately struck by the difference in overall image quality (this is the primary reason I no longer choose to use them). The Elites have excellent eye-relief, no problems with glare, and are compact for an 8x42 of their era (same size as 8x42 Ultravid). Design/build is solid but not as refined as Swarovski, Leica, older Zeiss.
So I guess I'll say, again, they are a very very capable bino. If you can get them used at a good price (<$300??), they'd be worthy of consideration as a much cheaper and in most cases better alternative to today's ~$500-700 8x42 roof-prism choices. I got mine new for $740 in 1997.
--AP